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Kraft Foods seeks to divest Breakstone's cheese and cream unit
date:Oct 13, 2012
US-based food company Kraft Foods is seeking to sell its Breakstone's sour cream and cottage cheese products unit, which is estimated to be worth $400m.

Mexico-based Dairy firm Grupo Lala is planning to acquire Breakstone's business, reported Bloomberg.com citing persons with knowledge of the matter.

Kraft Foods may also sell a few smaller brands in the future, as it focuses on its power brands such as Kraft Macaroni Cheese, Velveeta, Jell-O and Oscar Mayer.

The company initiated its plans t

12/23 03:30